The Legislature recently amended the process by which tax acquired properties can be sold by municipalities and Maine Revenue Services. The revised process requires that tax acquired properties be listed and sold using a licensed real estate agent or broker, similar to how other residential properties are sold. As a result of these changes, tax acquired properties in the unorganized territory will no longer be listed in an annual bid packet or sold via a sealed bid process. Instead, these properties will be listed with and sold via a real estate agent or broker. Maine Revenue Services is still working on the timing and details of the process. Additional information will be posted here as it becomes available.
For more information, please contact Maine Revenue Services’ Property Tax Division at prop.tax@maine.gov.